Latest Block News

Grange Resources has approved a lower-capital underground development at Savage River, targeting a 43% project IRR and production continuity to at least 2035. The Sub-Level Cave plan is designed to be funded from existing cash and operating cashflow while preserving the option of a larger Block Cave mine.

Titan Minerals has reported broad, near-surface gold-silver-copper mineralisation at Kaliman and wider, higher-grade intercepts at Brecha-Comanche within its Dynasty project in Ecuador. The results add momentum to a 20,000-metre drilling program ahead of a planned Q1 2027 resource update and scoping study.

Evolution Mining held its FY27 guidance after generating A$466 million in net mine cash flow during the September quarter, despite a slower start and operational disruptions at several sites. Strong copper pricing and a record contribution from Ernest Henry helped offset weaker production at Cowal, Mungari and Red Lake.

Condor Energy has secured formal qualification from Peru’s state oil and gas agency, allowing it to negotiate a proposed exploration and exploitation licence for offshore Block Z-72. The milestone moves the project forward, but it is not a final licence award.

Astral Resources has intersected broad, high-grade gold below the current Theia resource pit shell while extending mineralisation about 150 metres south. The results strengthen the exploration case beneath the planned open pit, although a resource or reserve increase has not yet been announced.

Sunstone Metals has expanded the Bramaderos gold-copper Mineral Resource Estimate by 72% to 6.2 million ounces of gold equivalent, with Indicated Resources rising 450% to 3.3Moz. The upgrade strengthens the basis for future mine studies, but remains an exploration-stage estimate with metallurgical and funding questions still to resolve.

Turaco Gold has reported one of its strongest Woulo Woulo intercepts, with 56 metres at 3.87g/t gold including 16 metres at 10.19g/t. The results extend a high-grade structural shoot beneath the existing resource and trigger another six-hole deep drilling campaign.

Crimson Consulting Australia has raised its unconditional cash offer for Kip McGrath to A$0.75 per share and secured unanimous board backing. The bid now carries no defeating conditions, but the final control outcome depends on acceptances before the 19 October deadline.

Caspin Resources has increased the Kelpie Deposit’s contained tin resource by 45% to 28kt, with the entire 6.5Mt estimate constrained within an optimised open-pit shell. The upgrade adds a maiden Indicated component, but most of the resource remains Inferred and no Ore Reserve has yet been declared.

Nordic Resources has increased the pit-constrained resource at its Kopsa gold-copper-silver deposit in Finland by 86% to 1.52 million ounces of gold equivalent. The update gives the company a larger, more defined resource base, but the project remains at the Mineral Resource stage rather than a development decision.

Critica has converted 160 million tonnes of its Jupiter rare earths resource into the higher-confidence Indicated category after infill drilling across about 10% of the deposit. The upgrade comes ahead of a scoping study that is expected shortly, although most of Jupiter remains Inferred and no Ore Reserve has been declared.

Tāiko Critical Minerals has completed the final resource estimate for its Barrytown project, taking the project-wide inventory to 35.0 million tonnes. The result strengthens the base for feasibility work, but the extension still depends on consent and further drilling to address sampling uncertainty.